Hedge funds may increase their crypto holdings to 7% in five years

According to a recent poll conducted by global fund administrator Intertrust, hedge fund executives project to increase their crypto holdings over the next five years.

Experts predict crypto allocations to reach 7.2 percent by 2026, according to the survey first reported by Financial Times.

The survey based on responses from 100 chief financial officers at hedge funds with an average of $7.2 billion in assets under management revealed a massive vote of confidence to increase exposure in digital assets despite the aftermath of recent market dips and proposals to punish new capital restrictions.

Continue reading